• KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%
  • KGS/USD = 0.01126 0%
  • KZT/USD = 0.00226 0%
  • TJS/USD = 0.09158 -0.11%
  • UZS/USD = 0.00008 0%

Viewing results 1 - 6 of 3

Kazakhstan to Start Producing Cars for Chinese Brand KAIYI

The Kazakh automotive company Orbis Manufacturing plans to build a full-cycle plant in Almaty's industrial zone to manufacture cars under the Chinese brand KAIYI. According to Orbis's press service, a subsidiary of Orbis Kazakhstan signed a memorandum of cooperation with China's Yibin Kaiyi Automobile Co. at the second Forum of Kazakh Exporters in Astana. "We plan to invest about 72 billion tenge (~$160 million) in organizing the production of high-tech cars of leading Chinese brands," commented the president of Orbis Kazakhstan, Sukhrab Mahmudov. Orbis Kazakhstan emphasized that design and estimate documentation (DED) for the production line is currently being finalized. The plant's production capacity is planned at 80,00 vehicles per year. It will initially create 1,500 jobs. In May 2023 Orbis Kazakhstan signed an agreement with EXEED International, a premium brand of the Chinese automaker Chery, on the production of cars under the EXEED brand in Kazakhstan.

Chinese Company to Build an Automobile Plant in Kyrgyzstan

Kyrgyzstan’s President Sadyr Japarov attended a ceremony on February 28th to launch the construction of an automotive assembly plant in the country’s northern Chui region. The plant which will have the capacity to produce over 80,000 vehicles -electric, domestic, and commercial – is due to open in August this year. A joint venture between the Kyrgyz government, local enterprises, and the China Hubei Zhuoyue Group, the first stage of the project has attracted investment of $115 million. In his speech, President Japarov expressed the government’s confidence that the project will provide significant impetus to the development of the automotive industry in Kyrgyzstan and in turn, the creation of new jobs. The Chinese Ambassador to Kyrgyzstan Du Dewen attributed the instigation of the project to a strategic partnership between the two countries. Thanking the Kyrgyz president for his personal attention and support, she expressed her hope that this project will exemplify a deepening interaction between Kyrgyzstan and China.

Astana Motors To Build New Plant In Almaty

On January 25th Kazakhstan's president Kassym-Jomart Tokayev received the founder of Astana Motors, Nurlan Smagulov, who informed him about his company’s plans for the automotive industry in Kazakhstan, the president’s press office reported. Mr Smagulov reported that in 2023 Hyundai Trans Kazakhstan and Hyundai Trans Almaty, subsidiaries of Astana Motors, manufactured 48,857 passenger cars and 981 commercial vehicles. Mr Smagulov told the president that the construction of the Astana Motors Manufacturing Kazakhstan multi-brand plant in Almaty, for the production of China’s Chery, GWM (Haval), and Changan vehicles, is scheduled to be completed in February 2025. The plant's capacity will be 90,000 vehicles per year. Of these, 60% will go for export.  In September 2022 Astana Motors signed memoranda with Chinese automobile concerns Chery Automobile Company, Changan International Corporation, and Great Wall Motor, allowing it to manufacture these companies' cars in Kazakhstan.

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